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  5. ›Diversity Travel

Awarded contract·Radford University·Virginia

Diversity Travel

Won by Diversity Travel$1.5MAwarded 8/12/2024Single Award
Contract source

Awarded vendors

  • Diversity Travel

Description

This contract provides Radford University with a full‑service travel management solution covering air, rail, hotel, car‑rental, and ancillary travel services, delivered through an online booking tool that integrates with the university’s expense system. Diversity Travel will handle ticketing, fare negotiations, traveler duty‑of‑care alerts, and produce detailed spend and sustainability reports. The agreement includes a go‑live deadline of 1 Nov 2024, a base term ending 31 Oct 2027, and three optional three‑year extensions. Pricing is structured as per‑transaction unit fees (e.g., $9 online domestic ticket, $23 agent‑handled ticket) with no charge for many online services, and a $150/hour rate for out‑of‑hours or custom integration work. Payment follows Virginia’s Prompt Pay Act (30 days). • Comprehensive travel‑management services (air, rail, hotel, car, duty‑of‑care, reporting). • Secure online booking platform integrated with Chrome River and SSO. • Unit‑price fee schedule with optional three‑year renewals and no‑fee online transactions.

Attached files

Key dates

Bids closed
1/10/2024
Intent to award
8/12/2024
Awarded
8/12/2024
Starts
8/12/2024
Ends
10/31/2027Renews
Duration
3 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Transportation and Public Transit
NAICS
561510
Solicitation №
RU25003

Contract value

$1,500,000

The PDF provides FY 2023 travel spend for Radford University: $291,123.41 in airfare and $94,700 in vehicle rentals, totaling about $386,000. The contract adds service fees (e.g., $9 per online ticket, $23 agent ticket) and a $150/hour rate for custom work. Assuming the university processes roughly 3,000 tickets annually (based on past spend) and adds ancillary services, a conservative annual cost would be $400‑$500 k. Over the three‑year base term, the contract value is therefore estimated at $1.2‑$1.5 million. Factoring potential renewals, the total potential exposure could approach $3 million.

AI estimate from the award documents

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